French Property Prices at onestopview.com

French Property Prices

August 31st, 2008

House prices here in France are on the downslide, there is very little movement and whenever we check the main French property sales website here such as Seloger we always see new price reductions on houses we are monitoring. We are renting whilst we seek a property in France, Burgundy region, and have been renting for the past year. We are fearful to jump into the market too soon and there is immense talk, even by the few sincere estate agents themselves, that prices will fall. The price of property coming onto the market are becoming more and more reasonable and also are coming onto the market at a faster rate. So, in all honesty, yes France did see huge rises in house prices, but since 2005 the market has been flat as a pancake with decreasing values now as you read this, and prices will continue to fall and bargains continue to be had as property suddenly becomes an unwanted asset to many. Take your time, put in offers starting at 30% below asking price or more, you have lots of choice, there is no rush.

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